COUNTRY ROADS HOMEOWNERS ASSOCIATION2010 OPERATING BUDGET / CASH FLOWS

INCOME / CASH IN-FLOWS

Operational/Capital & Investment Income:Closing Capital ContributionClosing Packages - 5407Annual AssessmentsDelinquent Payments - Related CostsDividends - Money Market FundInterest - Other FundsTotal Operational/Capital & Investment Cash In-Flows

6,965 (A)750 (B)

15,090 (C)(1,000)

501,100

22,955

EXPENSES / CASH OUT-FLOWS

Operational/Capital ExpensesTaxesLandscapinginsuranceMoyer Indoor/OutdoorSnow RemovalPostage/Supplies/PO Box/MailingsProfessional FeesTree RemovalComputer Software

Total Operational/Capital Expenses (Cash Out-Flows)

30013,0001,300

7952,500

6904,150

500200

23,435

Net Budgeted Cash In-Flow (Out-Flow) (480)

Notes:

Prepared by Stephen Patota, CPA

(A) 7 Closings @ $995(B) 5 - 5407 Packages @ $150(C) 116 Assessments (Base amount $150. Approx 80% paid timely for $20 discount)

Approved By:

Presiden

•pved By: .*

idenf/^Vxk ̂

Vice Presiden]

Secretary C«4.

Treasurer /I

Date.

Date.

Date

Date J>7/L/L '-•

COUNTRY ROADS HOMEOWNERS ASSOCIATIONANNUAL FINANCIAL STATEMENTS2009 INCOME AND EXPENSES

INCOME

Operational/Capital & Investment Income:Closing Capital ContributionClosing Packages - 5407Annual Assessments & Other ChargesInterest IncomeDividendsTotal Operational/Capital & Investment Income

Total Income

8,955 (A)542

17,145 (B)1,211

17428,027

28,027

EXPENSES

Operational/Capital ExpensesFederal TaxLandscapingSnow RemovalInsuranceMover - Indoor/OutdoorOffice Supplies / MiscProfessional Fees - Acctg & Legal

Total Expenses

Net Operational/Capital & Investment Income / (Loss)

35612,8821,7751,245

7951,0653,996

22,114

5,913

Notes:(A) 9 Closings(B) Reflects increase in Annual Assessment from $50 to $150/YR

Prepared by Stephen Patota, CPA

Approved By:

President' nig'.nAJLJL*^

Vice Presiden]

Secretary

Treasurer

Date

Date

Date

Date